With a cross of the 15SMA and 5EMA and high momentum and MACD bullish, I think this recent pullback is an opportunity to BUY. I normally prefer to BUY at a lower price, say around the 15SMA but having drawn the trendlines, it would appear that that price may be out of reach. Anyway, I have entered a BUY trade so will see how this one works out.
Note
Move stop to break even / small profit.Trade closed: stop reached
Stopped out. No loss. Looking for another opportunity.Trade active
With high momentum and all other parameters in place, I have set another BUY trade from 6124.Note
Move stop to break even / small profit.Trade closed: stop reached
Stopped out again. No Loss. Looking for another opportunity.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.